Article in Journal

Services: Very Good Sales Development


ifo Institut, München, 2018

in: ifo Konjunkturperspektiven, 2018, 45, Nr. 07, 23-26

In the service sector, a favourable demand trend was more frequently reported, and satisfaction with current orders on hand grew. Accordingly, the current business indicator increased, breaking with a five-month decline. Since the business outlook also brightened somewhat, there was a slight improvement in the business climate overall. With regard to the expected demand trend over the next three months, the overhang of optimistic voices increased significantly. The expansive personnel plans were again revised slightly upwards, and price increases are more often envisaged.

JEL Classification: L800

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ifo Institut, München, 2018